I know I don't. I have tried all the indicators and the chat room gurus, and none of them make money.

I have a suspicion that a lot of the chat rooms for emini trading are just for hobbyists and market enthusiasts and not for serious traders trying to make a business out of trading.

For any new traders out there please be very cautious of paying anyone to mentor you or signing up for training or a chat room. From what I have seen the only people making money in these deals is the mentor, the chat room owner or the author of the training manual.

I would love to hear from you if you are a successful trader making 20% off your account or better over the past year. I know only 5 to 10 percent of traders are supposed to be successful, but I am beginning to think that zero percent of traders are successful over the long haul. Certainly anyone can have a streak of luck and rack up a few good months where they dramatically increase their account size, but these people are normally big risk takers and eventually they blow out their accounts by taking the exact same risks that help double their accounts in the first place.

you said "EST 10:10 above bullish,,,,below bearish....go check the mkt Jan 31, 29, 28...2 of those days...mkt way above 10:10....TIME....and how many pts did it give...this alone is worth tens of thousands of dollars...see how I get my 6/10/20/30 or what ever pts a day.........
so in the first 40 minutes of trading (market at 10:10), above bullish below bearish...where's your entry point?

I think looking at daily basis may be way to short term when viewing ones trading...i.e. one day doesn't make a trader although it can break him/her, ( as the saying thats haunted me for years goes...you are only as good as your next trade) View your trading account just as viewing a stock chart, you want to see new tops, and higher lows. My objectives every day are start well, trade all day, and finish well in the green. But to answer your question the average traders don't make anything. They lose there account very quickly.

Just as I was one of the first to want to watch you trade on Skype, I would also like to listen in on this a bit, but I have one reservation. Since you said you aren't a tech guy, this is addressed at anyone else who can answer this.

I know PalTalk is immensely popular with traders, but I have seen a lot of reference to it installing spyware, and creating all sorts of computer issues. An extensive search on the Internet left me with no firm conclusions. I know many have had zero problems and love it, so pointing that out is not really adding anything I can use. Has anyone had any bad experiences, or can anyone reference a trustworthy link that verifies some issues with it? Some of the talk out there is pretty scary, and I've avoided using it all this time. Are these warnings credible? Even McAfee Site Advisor, which many feel is not accurate on some of the calls it makes, has a warning on it.

I am on Paltalk everyday, lastest version is stable and safe but you need to do 2 things
1) uncheck the box asked "Do you want to install Ask bar tool from Ask.com" during installation process. Ask bar tool is as bad as they come.
2) add *.paltalk.com to the list of restricted site of IE, this will prevent all popups from paltalk.

To answer the original question, I've concluded that the answer is no. I've made the following observations:

1. Wall Street professionals who work in trading pits make money by trading other people's money and taking a commission, not from knowing future direction of prices

2. Anybody else who makes money - it is the result of luck or insider trading (cons).

3. Studies were done in the 1960s showing that asset prices are random and not predictable. These were statistical studies. Subsequent mathematical analysis over the years has upheld those results.

4. People who have made some money trading incorrectly assume it was due to skill not luck. Same with gamblers.

5. People who have made some money trading incorrectly believe it is repeatable. Same with gamblers.

6. The majority of people who invest and trade their money were led to believe that asset prices are predictable.

7. Professionals who convince the public to invest and trade, fall into the following categories:

7.a. Those who make money by selling investment products (books, subscriptions, etc.) to you and me

7.b. Those who are company executives and want to raise capital by selling stock. The capital benefits their company, not you and me.

7.c. Those who make commissions from your trades

8. There is a huge amount of advertising aimed at convincing the public that investing in stocks, gold, etc. makes sense. The purpose of this advertising is to take money out of the hands of the public and put it in the hands of the advertisers.

9. There is little to no advertising warning the public that asset prices are not predictable.